Presentation on theme: " If you didn’t firmly state the time frame of the case at the outset of the analysis If you didn’t state the source and analyze the quality of the."— Presentation transcript:
If you didn’t firmly state the time frame of the case at the outset of the analysis If you didn’t state the source and analyze the quality of the mission statement If the general or industry environmental analysis was company specific If your scenarios were not broadly constructed If your LT objective was not sharp If you did not develop two alternatives at both the corporate and business level
You can reformulate your strategic alternatives, You can change your mind!
Case Time Horizon Core Problem/Issue Long Term Objective Corporate Level Strategic Choice Business Level Strategic Choice
Triggered by translation of Long Term Objective into Short Term (aka annual) Objectives Make sure they relate to your LT objective which is to say they are dedicated to resolving your core issue/problem Three to Five Short Term Objectives
Which two functional Areas – operations, finance & accounting, marketing, R&D/technology, or human resources – does your group think are more critical to the resolution of the core problem – which is to say more critical to the successful implementation of your strategy.
Short Term Objective Key Functional Area Short Term (aka Functional, aka Tactics) Strategies
Two persons working jointly on the ST objectives and ST strategies section One person for Institutionalization, Governance and Control One person for the company and industry updates Everyone for the Project Future Trends – pull out the crystal ball. What will be see 10, 20 years from now?